OHA Sheds Some Light on What Constitutes a “Class” of Stock
In my recent article about the impact of separate stock classes on veteran-owned firms , I discussed how having more than one class of voting stock can complicate an ownership analysis under both the Department of Veterans Affairs ’ program for Veteran-Owned and Service-Disabled Veteran-Owned Small Businesses and the U. S. Small Business Administration’s (“SBA”) program (the “SBA Program”) for Service-Disabled Veteran-Owned Small Business Concerns (“SDVO SBCs”). Citing an SDVO SBC status determination for illustration purposes, I explained how the analysis–which may appear straightforward and mechanical at first look–is not so cut and dry when the initial inquiry entails making a . . . Read More
Business Entity Alphabet Soup – GP, LP, JV, LLC, C, S, QSSS – What do they mean?
By Kimi Murakami As government contractors, the business universe is likely filled with familiar acronyms. However, one may not be as familiar with the meaning behind the alphabet letters that comprise the different business entities in the corporate world. Choosing the form of legal entity for your company was most likely a threshold issue for starting your business. By forming a company, you can shield yourself from liabilities that will arise by the business. Whether just starting out or if . . . Read More
SBA continues to review social disadvantage narratives under the wrong evidentiary standard – Peter Ford, Set-Aside Alert
What Every Business Owner Needs to Know About Implementing the New Tangible Property Regulations
By Eric Fletcher, Principal with Thompson Greenspon Over the last several years, the IRS has published a series of regulations and rulings that dramatically change how taxpayers must account for the costs of acquiring, repairing, improving and even disposing of tangible property. These new rules represent some of the most significant changes in tax law since the Tax Reform Act of 1986 and they must be adopted no later than the tax year beginning on or after January 1, 2014. . . . Read More
What Every Business Should Know About Keeping Its Corporate House in Order
Presented by Kimi Murakami and Prince George’s County Economic Development Corporation
Novations and Contract Transfers
Presenters: Cy Alba and Kimi Murakami
PilieroMazza Legal Advisor – Fourth Quarter 2014
In this issue: Court of Federal Claims Invalidates Key Component of the SBA’s Nonmanufacturer Rule At the Crossroads of M&A and Government Contracts – The Novation Process What Every Business Owner Needs to Know About Implementing the New Tangible Property Regulations The Impact of the Fair Pay and Safe Workplaces Executive Order on Contract Procurement
First Zombies, Now Ebola, then What? Preparing for Communicable Diseases in the Workplace
Oh the good ol’ days, when employees were awaiting a fictional zombie apocalypse and getting them to pay attention to prevention and preparedness was easy thanks to zombie animation from the Centers for Disease Control and Prevention (CDC). However, the coming of Ebola has eclipsed not only zombies but common cold and flu preparedness. It is only natural that Ebola seems much more menacing to us than the flu or other common illnesses, but for employers the threats and risks . . . Read More
Weather-Related Delays at Locations Other Than the Government Facility? No Excuse for A Late Proposal
As all federal contractors know, the FAR, as well as many other rules and regulations, put most of the risk on the contractor in so many ways. Common risks include cost overruns on FFP/LPTA procurements, risk of nonpayment for work requested by personnel other than the contracting officer, or timely delivery of a proposal. Now, the U.S. Court of Federal Claims has added another issue with which contractors should be concerned with: the weather. Global Military Marketing, Inc. (“Global”), a federal contractor located near Alabama . . . Read More
Building a Saleable Business & The Importance of a Strategic Plan
For a small business government contractor (“GC”), its small business size is arguably its greatest asset. In the context of building a saleable business, however, if the GC owner or owners fail to adopt and implement a strategic plan early on in the business life cycle, the GC’s small business size could end up operating more like a handicap. To put this into greater context, in the world of mergers and acquisitions, particularly lower middle market private company deals . . . Read More